Nicholas Read | Chief Executive Officer |
Margherita Della Valle | Chief Financial Officer |
Maurice Patrick | Barclays |
Akhil Dattani | JPMorgan |
Andrew Lee | Goldman Sachs |
James Ratzer | New Street |
John Karidis | Numis |
Emmet Kelly | Morgan Stanley |
Polo Tang | UBS |
Nick Delfas | Redburn |
David Wright | Bank of America/Merrill Lynch |
Good morning and welcome and thank you for joining us for our results call.
Before we take your questions, I thought I would just cover four key points related to our results.
Firstly, our financial performance in the year was good and our results were in line with both the expectations for the year and the medium-term financial ambition we set out earlier in this year. We grew revenues both in Europe and Africa. We grew adjusted EBITDA by 5%.